Rarely available 5 unit building/investment opportunity just steps to DePaul University and Brown/Purple/Red Fullerton stop. This well maintained 5 unit building is a money making machine. Keep as an armchair investment property, building running smoothly just keep high rents coming. Absolutely no expected vacancies due to prime location. Units have many updates including copper plumbing lines, renovated kitchens and bathrooms, updated gas forced air HVAC systems and separate utilities. Add this to your portfolio, front First and Second floor units over 1,100 square feet each. Garden unit ceiling height over 7 feet tall, Coach house units are also large with tall ceilings and spacious rooms. Room to improve rents without having to do major renovations. Building has over 6.5% cap rate potential. Surrounded by restaurants and shops with a walk score of 95. Total annual income includes Garden unit rent. Garden unit has two entrances.
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For more information about 1044 W Montana, Chicago, IL 60614 contact Corcoran Urban Real Estate.
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Listing provided by Lucid Realty, Inc.
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